Green Energy Consulting gives its take on European energy challenges – and its expansion plans – in this sponsored post.
Uncertainty around the European energy market is the latest red flag with the deadline of Brexit fast approaching. There are mounting concerns on European energy prices and potential price or tax increases.
Factors affecting European energy prices
Closing of coal mines in Germany have resulted in importing coal from Asian countries which are required to be cleansed before use, causing increased volatile stock prices.
In Spain there are many cutbacks, restrictive policies and a total lack of investments due to the recession in 2008. With high dependencies on energy imports, it still imposes a burden to the country economy and faces higher energy prices than Germany.
Although France enjoys one of the lowest electricity prices in Europe, businesses must look at renewable energy sources to support the Carbon Neutrality Programme by 2050.
Director of Green Energy Consulting, Kilian Coyne commented:
GEC also offers help to European businesses to meet energy efficiency targets and requirements set by the Energy Efficiency Directive (EEC) by 2020. From looking at national incentives all the way to Energy Audits and Monitoring.
Find out more here.